Course Details
Course Information Package
| Course Unit Title | COMMODITY TRADES | ||||||||
| Course Unit Code | ITSM507 | ||||||||
| Course Unit Details | MSc International Trade and Shipping Management (Required Modules) - | ||||||||
| Number of ECTS credits allocated | 8 | ||||||||
| Learning Outcomes of the course unit | By the end of the course, the students should be able to:
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| Mode of Delivery | Face-to-face | ||||||||
| Prerequisites | NONE | Co-requisites | NONE | ||||||
| Recommended optional program components | NONE | ||||||||
| Course Contents | • Trade Information and sources: Trade movements, Supply and Demand of commodities, Industrial manufacturing and other reasons for trade movements. Price differentials and security of supply. Linkages between economic growth and bulk commodity movements.
• The importance of China: its growth and impact on commodity demand; imports and exports.
• The importance of steel and other key drivers and their influence on other commodities.
• Data Analysis: Data collection and reporting, timeless and inadequacy coverage. Forecasting of trade movements, local supply and inventories, local demand.
• Structure of the dry bulk trade: Major importers and exporters, importance of transport requirements.
• Structure of the Oil Trade: Major producers and consumers, location of markets and refineries. Demand for oil and its relationship to economic growth. Political factors influencing oil production, location of refineries and demand for oil. Impact of new sources: e.g., shale oil.
• Structure of the other major commodity trades. Locations, Imports, exports and trading.
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| Recommended and/or required reading: | |||||||||
| Textbooks |
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| References |
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| Planned learning activities and teaching methods | |||||||||
| Assessment methods and criteria |
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| Language of instruction | English | ||||||||
| Work placement(s) | NO | ||||||||
